PPP Loan information for Compressed air & equipment co

$130,800

Compressed air & equipment co was initially approved for PPP Loan of amount $130,800, the current approved amount is $130,800. The loan was approved on 02/11/2021 by The BankIowa reported 11 jobs and $130,800 was used to fund payroll.

Compressed air & equipment co is Existing or more than 2 years old

PPP Loan Search / IA / La Porte City / Compressed air & equipment co

COMPRESSED AIR & EQUIPMENT CO

Date Approved

02/11/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

COMPRESSED AIR & EQUIPMENT CO

Borrower Address

707 Highway 218 N

Borrower City

La Porte City

Borrower State

IA

Borrower Zip

50651-1014

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130800.00

Current Approval Amount

130800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

La Porte City

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50651-1014

CD

IA-02

Jobs Reported

11

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

130794.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131428.57

Forgiveness Date

08/11/2021

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